Re: [bitcoin-dev] MAD-HTLC

2020-07-04 Thread ZmnSCPxj via bitcoin-dev
Good morning Ittay, The analysis in our MAD-HTLC paper shows that when all players are rational (i.e., make the best decisions), and have the greater strategy space (which is easy to achieve, 150 Loc), the subgame-perfect-equilibrium strategy (this is like Nash-equilibrium for dynamic

Re: [bitcoin-dev] MAD-HTLC

2020-07-04 Thread ZmnSCPxj via bitcoin-dev
Good morning Dave, > > > - Inputs: > > > - Bob 1 BTC - HTLC amount > > > - Bob 1 BTC - Bob fidelity bond > > > - Cases: > > > - Alice reveals hashlock at any time: > > > - 1 BTC goes to Alice > > > - 1 BTC goes to Bob (fidelity bond refund) > > > -